Acorah Software Products - Accounts Production 19.4.300 false true 30 June 2025 1 July 2024 false 1 July 2025 30 June 2026 30 June 2026 09034724 Mr Mitul Popat Mrs Shivani Popat iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09034724 2025-06-30 09034724 2026-06-30 09034724 2025-07-01 2026-06-30 09034724 frs-core:CurrentFinancialInstruments 2026-06-30 09034724 frs-core:Non-currentFinancialInstruments 2026-06-30 09034724 frs-core:ComputerEquipment 2026-06-30 09034724 frs-core:ComputerEquipment 2025-07-01 2026-06-30 09034724 frs-core:ComputerEquipment 2025-06-30 09034724 frs-core:MotorVehicles 2026-06-30 09034724 frs-core:MotorVehicles 2025-07-01 2026-06-30 09034724 frs-core:MotorVehicles 2025-06-30 09034724 frs-core:ShareCapital 2026-06-30 09034724 frs-core:RetainedEarningsAccumulatedLosses 2026-06-30 09034724 frs-bus:PrivateLimitedCompanyLtd 2025-07-01 2026-06-30 09034724 frs-bus:FilletedAccounts 2025-07-01 2026-06-30 09034724 frs-bus:SmallEntities 2025-07-01 2026-06-30 09034724 frs-bus:AuditExempt-NoAccountantsReport 2025-07-01 2026-06-30 09034724 frs-bus:SmallCompaniesRegimeForAccounts 2025-07-01 2026-06-30 09034724 frs-bus:Director1 2025-07-01 2026-06-30 09034724 frs-bus:Director2 2025-07-01 2026-06-30 09034724 frs-countries:EnglandWales 2025-07-01 2026-06-30 09034724 2024-06-30 09034724 2025-06-30 09034724 2024-07-01 2025-06-30 09034724 frs-core:CurrentFinancialInstruments 2025-06-30 09034724 frs-core:Non-currentFinancialInstruments 2025-06-30 09034724 frs-core:ShareCapital 2025-06-30 09034724 frs-core:RetainedEarningsAccumulatedLosses 2025-06-30
Martini Road Limited
Unaudited Financial Statements
For The Year Ended 30 June 2026
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Directors Mr Mitul Popat
Mrs Shivani Popat
Company Number 09034724
Registered Office Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Accountants Capitax Financial Ltd
Devonshire House
582 Honeypot Lane
Stanmore
Middlesex
HA7 1JS
Page 1
Page 2
Balance Sheet
Registered number: 09034724
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 20,873 31,370
Investment Properties 5 3,303,263 3,303,263
3,324,136 3,334,633
CURRENT ASSETS
Debtors 6 21,146 702
Cash at bank and in hand 21,069 50,757
42,215 51,459
Creditors: Amounts Falling Due Within One Year 7 (1,455,471 ) (1,479,075 )
NET CURRENT ASSETS (LIABILITIES) (1,413,256 ) (1,427,616 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,910,880 1,907,017
Creditors: Amounts Falling Due After More Than One Year 8 (1,708,398 ) (1,760,423 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,858 ) (5,960 )
NET ASSETS 192,624 140,634
CAPITAL AND RESERVES
Called up share capital 100 100
Profit and Loss Account 192,524 140,534
SHAREHOLDERS' FUNDS 192,624 140,634
Page 2
Page 3
For the year ending 30 June 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mitul Popat
Director
28/08/2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Martini Road Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09034724 . The registered office is Devonshire House, 582 Honeypot Lane, Stanmore, Middlesex, HA7 1JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% on cost
Computer Equipment 25% on cost
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 4
Page 5
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 July 2025 41,507 480 41,987
As at 30 June 2026 41,507 480 41,987
Depreciation
As at 1 July 2025 10,377 240 10,617
Provided during the period 10,377 120 10,497
As at 30 June 2026 20,754 360 21,114
Net Book Value
As at 30 June 2026 20,753 120 20,873
As at 1 July 2025 31,130 240 31,370
5. Investment Property
2026
£
Fair Value
As at 1 July 2025 and 30 June 2026 3,303,263
6. Debtors
2026 2025
£ £
Due within one year
Other debtors 21,146 702
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Other creditors 1,433,342 1,468,834
Taxation and social security 22,129 10,241
1,455,471 1,479,075
8. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Other creditors 1,708,398 1,760,423
9. Directors Advances, Credits and Guarantees
Page 5
Page 6
As at 30 June 2026, Martini Road Ltd owed £469,264 to its directors. This amount is reflected in the director`s loan account in credit balance, which is shown under Creditors due within one year. Please be advised that the directors have agreed to provide this loan on an interest free basis and the loan is repayable on demand.
10. Related Party Transactions
During the year ended 30 June 2026, Martini Road Ltd entered into a loan agreement with a related company, Vivid Wisdom Ltd. The loan of £875,000 was received as an interest free loan and is repayable on demand. Hence the amounts are being reflected accordingly under Creditors less than one year.
Page 6